Jack Dorsey and Jay-Z to collaborate on Bitcoin development fund
Twitter boss Jack Dorsey and rapper Shawn Carter, also known as Jay-Z, are funding a Bitcoin trust. Both will pool together 500 BTC, approximately $24 million, to make this happen.₿trust will operate as a blind irrevocable trust and will focus on Bitcoin development initially...
Bitcoin Tops New ATH Above $48,600 After BNY Mellon Announces Digital Asset Custody
BNY Mellon said that the bank will leverage its in-house technical expertise as well as collaborate with other FinTech industry players to speed up its development of crypto custodial solutions and provide the best services to its clients.On Thursday, February 11, Bitcoin (BTC) surged...
Miami Mayor Pushes Proposal for City’s Workers to Be Paid in Bitcoin
The Miami mayor who’s been an advocate for Bitcoin and cryptocurrencies revealed that he wants to make his city the most attractive in the United States for those in the crypto and blockchain industry.
Miami Mayor Francis Suarez has proposed that municipal workers receive payment...
India to Issue Crypto Ban, Holders to Be Given Transition Period
Crypto traders and investors as well as companies are expected to be given a three to six month transition period to liquidate their digital holdings after the new law is made officially.According to reports, India is set to issue a crypto ban in the...
Bitcoin Price Prediction by Glassnode CTO Indicates 135% Rally to $100K
According to the analysis, the ratio between Bitcoin market capitalization and thermocap suggests the asset could surge another 135% in the near future.As institutional investors proliferate into the crypto industry, Bitcoin price prediction from different corners continues to fuel the ongoing bull rally. According...
This crypto hedge fund has grown its AUM by 400% over the past 4 months
CryptoSlate obtained an update on Strix Leviathan, a Seattle-based crypto hedge fund, The team has been in business since 2018 and exclusively trades the crypto markets using proprietary trading tools and algorithms.Strix Leviathan’s Fund, which operates a systematic investment approach by taking long and...
JPMorgan co-president admits the demand for Bitcoin will come at “some point”
In a conversation with CNBC about Bitcoin, JPMorgan co-president Daniel Pinto said the demand for Bitcoin will come at “some point.”Albeit the message seems ostensibly optimistic, Pinto is implying that the demand for Bitcoin isn’t here just yet.What kind of demand for Bitcoin would...
First Bitcoin ETF in Canada Approved, Is US Next?
A Bitcoin ETF has been approved in North America. Canadian securities regulators on Thursday approved the first publicly traded Bitcoin exchange-traded fund Purpose Bitcoin ETF.While everyone was looking at the SEC to approve the first ETF in the US, Canada has made a move...
You could win a Tesla by trading just $100 worth of Bitcoin on Crypto.com
Love Tesla and Bitcoin? This competition could be for you. Hong Kong-based crypto exchange Crypto.com has announced a new scheme for users that gives them the chance to win a Tesla electric car if they trade just $100 of Bitcoin.Founded in 2017, Crypto.com is...
Jack Dorsey and Jay-Z to Launch Bitcoin Trust in India and Africa
The crypto industry in Africa and India is still nascent as the countries are just beginning to come to terms with what this new technological advancement means for their financial industry.Twitter’s CEO Jack Dorsey together with billionaire music mogul Jay-Z have announced a blind...
